Advertising With Blacklisted News

Whether you're a media buyer or an individual, we have simple cost-effective web banner advertising rates and packages. We deliver true targeted visitors to your web site at the lowest possible price. Your advertisment will get great exposure to the hundreds of thousands of monthly visitors to BlackListedNews.com Feel free to contact us for more details and Please put "advertising" in the subject line of email.

Email Us
For general inquiries and advertising, email: Admin (at) BlacklistedNews.com.

28 Signs That The Middle Class Is Heading Toward Extinction

The death of the middle class in America has become so painfully obvious that now even the New York Timesis doing stories about it. Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and U.S. consumers have accumulated record-setting levels of debt. Being independent is at the heart of what it means to be "middle class", and unfortunately the percentage of Americans that are able to take care of themselves without government assistance continues to decline. In fact, the percentage of Americans that are receiving government assistance is now at an all-time record high. This is not a good thing. Sadly, the number of people on food stamps has increased by nearly 50 percent while Barack Obama has been in the White House, and at this point nearly half the entire country gets money from the government each month. Anyone that tries to tell you that the middle class is going to be "okay" simply has no idea what they are talking about. The following are 28 signs that the middle class is heading toward extinction...

In Manhattan, the upscale clothing retailer Barneys will replace the bankrupt discounter Loehmann’s, whose Chelsea store closes in a few weeks. Across the country, Olive Garden and Red Lobster restaurants are struggling, while fine-dining chains like Capital Grille are thriving. And at General Electric, the increase in demand for high-end dishwashers and refrigerators dwarfs sales growth of mass-market models.

As politicians and pundits in Washington continue to spar over whether economic inequality is in fact deepening, in corporate America there really is no debate at all. The post-recession reality is that the customer base for businesses that appeal to the middle class is shrinking as the top tier pulls even further away.

#2 Some of the largest retailers in the United States that once thrived by serving the middle class are now steadily dying. Sears and J.C. Penney are bothon the verge of bankruptcy, and now we have learned that Radio Shack may be shutting downanother 500 storesthis year.

#3Real disposable income in the United States just experienced the largest year over year drop that we have seensince 1974.

#14The U.S. national debt is currently sitting at$17,263,040,455,036.20, and it is being reported that is has grown by$6.666 trillionduring the Obama years so far. Most of the burden of servicing that debt is going to fall on the middle class (if the middle class is able to survive that long).

#15According to the Congressional Budget Office, interest payments on the national debtwill nearly quadrupleover the next ten years.

#16Back in 1999,64.1 percentof all Americans were covered by employment-based health insurance. Today, only54.9 percentof all Americans are covered by employment-based health insurance.

#17More Americans than ever find themselves forced to turn to the government for help with health care. At this point,82.4 millionAmericans live in a home where at least one person is enrolled in the Medicaid program.

Not only that, but millions of hard working Americans are going to end up losing their jobs or having their hours cut back thanks to Obamacare. For example, a fry cook named Darnell Summers recently told Barack Obama directly that he and his fellow workers "were broken down to part time to avoid paying health insurance"...

Several million people will reduce their hours on the job or leave the workforce entirely because of incentives built into President Barack Obama’s health care overhaul, the Congressional Budget Office said Tuesday.

That would mean job losses equal to 2.3 million full-time jobs by 2021, in large part because people would opt to keep their income low to stay eligible for federal health care subsidies or Medicaid, the agency said. It had estimated previously that the law would lead to 800,000 fewer jobs by that year.

But even if we got rid of Obamacare tomorrow that would not solve the problems of the middle class.

The middle class has been shrinking for a very long time, and something dramatic desperately needs to be done.

The numbers that I shared above simply cannot convey the level of suffering that is going on out there on the streets of America today. That is why I also like to share personal stories when I can. Below, I have posted an excerpt from an open letter to Barack Obama that a woman with a Master's degree and 30 years of work experience recently submittedto the Huffington Post. What this formerly middle class lady is having to endure because of this horrible economy is absolutely tragic...

Dear Mr. President,

I write to you today because I have nowhere else to turn. I lost my full time job in September 2012. I have only been able to find part-time employment -- 16 hours each week at $12 per hour -- but I don't work that every week. For the month of December, my net pay was $365. My husband and I now live in an RV at a campground because of my job loss. Our monthly rent is $455 and that doesn't include utilities. We were given this 27-ft. 1983 RV when I lost my job.

This is America today. We have no running water; we use a hose to fill jugs. We have no shower but the campground does. We have a toilet but it only works when the sewer line doesn't freeze -- if it freezes, we use the campground's restrooms. At night, in my bed, when it's cold out, my blanket can freeze to the wall of the RV. We don't have a stove or an oven, just a microwave, so regular-food cooking is out. Recently we found a small toaster oven on sale so we can bake a little now because eating only microwaved food just wasn't working for us. We don't have a refrigerator, just an icebox (a block of ice cost about $1.89). It keeps things relatively cold. If it's freezing outside, we just put things on the picnic table.

You can read the rest of her incredibly heartbreaking letterright here.